Red line is the Support on the daily time frame.
Waiting for gold to either pullback to 1250 and continue downwards.
Black dotted line is the support area on the 4 hour time frame.
Waiting for gold to either pullback to 1250 and continue downwards.
Black dotted line is the support area on the 4 hour time frame.
- I have my Short order 5 pips below the Black dotted line
- Stop lose placed 5 pips above 1250.
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